• Industrial News and Planned Industrial Construction Projects - January 2020 Recap

    Posted On Thursday, February 13, 2020 by Evan Lamolinara

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    Research by SalesLeads’ experienced industrial market research team, shows 430  new planned industrial projects tracked during the month of January. 

    Planned industrial project activity increased by 5% from the previous month. 

    The following are selected highlights on new industrial construction news and project opportunities throughout North America. 

    Planned Industrial Construction - By Project Type:

              Manufacturing Facilities - 142 New Projects

              Processing Facilities - 144 New Projects

              Distribution and Industrial Warehouse - 140 New Projects

              Power/Energy/Oil and Gas - 21 New Projects

              Laboratory Facilities - 22 New Projects

              Mine - 1 New Project

              Terminal - 1 New Project

              Pipeline - 0 New Projects

             

    Planned Industrial Construction - By Scope/Activity

              New Construction - 176 New Projects

              Expansion - 115 New Projects

              Renovations/Equipment Upgrades - 168 New Projects

              Plant Closing - 31 New Projects

     

    Planned Industrial Construction - By Location(Top 10 States)

              New York - 34

              Texas - 30

              Ohio - 24

              California - 23

              Indiana - 21

              Florida - 20

              Pennsylvania - 18

              Michigan - 17

              North Carolina - 16

             Georgia - 14         

     

    Largest Planned Industrial Construction Project 

    During the month of January, our research team identified 19 new General Industrial facility construction projects with an estimated value of $100 million or more. 

    The largest project is owned by General Motors, who is planning to invest $3 billion for the renovation and equipment upgrades of their manufacturing facility in DETROIT, MI. Renovations are expected to start in Feb. 2020, with completion slated for late 2021. 

     

    Top 10 Tracked Industrial Construction Projects 

    CALIFORNIA:

    Power and lithium resource supplier is investing $1.3 billion for the construction of a 280MW geothermal energy plant and mining operation on the Salton Sea in CALIPATRIA, CA. They expect to be operational in 2023.

     

    COLORADO:

    Mining company is planning to invest $350 million for the construction of a processing facility in WHEAT RIDGE, CO. Watch SalesLeads for updates.

     

    DELAWARE:

    Chemical company is planning to invest $105 million for the construction of a 329,000 sf laboratory at 200 Powder Mill Rd. in WILMINGTON, DE. They are currently seeking approval for the project.

     

    INDIANA:

    Automotive mfr. is planning to invest $700 million for an expansion and equipment upgrades of their manufacturing facility in PRINCETON, IN. They have recently received approval for the project.

     

    LOUISIANA:

    Chemical company is considering investing $803 million for the expansion of their processing facility at 37269 Highway 30 in GEISMAR, LA. Watch SalesLeads for updates.

     

    NORTH CAROLINA:

    Pharmaceutical company is planning to invest $470 million for the construction of a laboratory and processing facility in DURHAM, NC. They have recently received approval for the project.

     

    PENNSYLVANIA:

    Produce company is planning to invest $115 million for the expansion of their warehouse and processing facility in KENNETT SQUARE, PA by 900,000 sf. They have recently received approval for the project.

     

    SOUTH CAROLINA:

    Paper products mfr. is planning to invest $145 million for an expansion and equipment upgrades of their manufacturing facility in DARLINGTON, SC. Construction is expected to start in March 2020, with completion slated for early 2022.

     

    WEST VIRGINIA:

    Diverse consumer products mfr. is planning to invest $190 million for the construction of a manufacturing facility in BERKELEY, WV. They are currently seeking approval for the project.

     

    TEXAS:

    Industrial gas company is planning to invest $500 million for the construction of a hydrogen processing facility in TEXAS CITY, TX. They expect to be operational in Summer 2023. 

     

    Since 1959, SalesLeads, based out of Jacksonville, FL has been providing Industrial Project Reports on companies that are planning significant capital investments in their industrial facilities throughout North America. Our professional research team identifies new construction, expansion, relocation, major renovation, equipment upgrades, and plant closing project opportunities so that our clients can focus sales and marketing resources on the target accounts that have an impending need for their products, services, and indirect materials.

    Each month, our team provides hundreds of industrial reports within a variety of industries, including:

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